Sunday, November 06, 2005

Apprentice TV Show star Trump to sell Casino

Donald Trump is selling his Gary casino to Majestic Star, the company that operates the casino that shares Trump's dock in Buffington Harbor.
Trump's casino company says it has agreed to sell the Gary casino for $253 million and will use the money to reduce company debt and invest in its Atlantic City, New Jersey, resorts.
Trump casinos emerged from bankruptcy protection in May.
The Trump and Majestic Star casinos share a dock and pavilion with restaurants.
The sale is expected to close by the end of the year.


Post a Comment

<< Home